Power

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Golem, the first decentralized global market for computing power, developed in Poland, has announced that its Golem Network Token (GNT) crowdsale will begin on November 11, 2016.

Ever since the birth of money, economies have controlled nearly every aspect of human life. Money is power, and escaping that principle is nearly impossible unless you want to live in the wild. Honorable, civil-based economies have historically forged the backbone of the most powerful nations on Earth. Without this willing deception to believe money has value—just like any physical product or service—there would be no complex markets to foster innovation.

On August 29, one of the leading bitcoin mining equipment suppliers, Bitmain, released a new bitcoin mining rig, called the Antminer R4.

August 23 2016, Ethereum is trading in a narrow range, and Poloniex moves to delist DAO from trading by September 5th.

Bitcoin mining requires a lot of power to produce new blocks. But what if there was a supercomputer that could mine Bitcoins alone, without any need to use mining farms or the P2P community?

The dynamics of Litecoin price movement over the past week were mixed, but by looking at the weekly chart you can see the decline of LTC.  The Litecoin price is steadily declining for a second month now.

Bitcoin’s price continues its decline for the seventh day in a row. Strong economic data, which was published yesterday, pushed up BTC price a little but it’s too early to speak about the resumption of price growth.

CEO of Steemit Ned Scott promised that any Steem or Steem Dollars stolen from compromised accounts will be fully refunded by Steemit.